The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad (24525 Views)
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by columbus007(m): 10:21am On May 14, 2025 |
Parrot69:Lolz ![]() |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by ogbonti: 10:22am On May 14, 2025 |
na diaspora money dem won thief na - dem don clean local people own finish - ozuor ![]() |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Image123(m): 10:24am On May 14, 2025 |
Finally, people are working in that place. It seems animals were doing most of the thinking previously. |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by ogbonti: 10:24am On May 14, 2025 |
Typing:no mind dem - they are falling for the new ponzi by the tax master druggie |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Myrepublic(m): 10:27am On May 14, 2025 |
Olachase:The deduction of those abroad will be x10. You think the government doesn't know what they are out to get from this? |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by kentokay71: 10:29am On May 14, 2025 |
go to any of the branches and lay complaint. Olachase: |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Image123(m): 10:29am On May 14, 2025 |
ogbonti:When the results of this commonsense but not common policies start manifesting, you will wail propaganda uncontrollably. It's pathetic. |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by xtianchris(m): 10:29am On May 14, 2025 |
DavidOdia2025:Come and carry me to abroad oo. KingDavid |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by aspabay(m): 10:29am On May 14, 2025 |
Next thing to do is remove all the unnecessary bank charges |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by unmask: 10:30am On May 14, 2025 |
Akano5:Nairaland was the major source of news and entertainment to a lot of diasporans and locals back in the day. Even though the quality of engagement has dropped, there is still a lot to gain here. I for one won't be leaving anytime soon |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Krak(m): 10:32am On May 14, 2025 |
columbus007:Most of those guys that first commented are probably in the same room commenting positively one after the other, or they may be accounts under the control of just one or two people |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Akano5(m): 10:34am On May 14, 2025 |
unmask:You're very right |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Burgerlomo: 10:34am On May 14, 2025 |
This is a very welcome development 👌👍 |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Heffalump(m): 10:35am On May 14, 2025 |
The banks will still charge you mercilessly |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by ogbonti: 10:37am On May 14, 2025 |
Image123:na today ? with the nonsense that happened at Oceanic Bank under Ibru and recently in GTBank with customer deposits disappearing without explanation - and D so-called EFCC and Attorney General is keeping quiet, not making bold statements to allay the fears of customers setting up investigations -- is a recipe for disaster - who get time and power to drag money with government ponzi - schemers in Nigeria ? When we criticize the Judiciary for being in the pocket of the APC - you people here call us wailers How can I be confident that IF an APC stalwart pulls a ponzi on my hard earned $$$ in Nigeria - that the Wike-Judiciary will give me Justice? ![]() |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Cherrybae(f): 10:40am On May 14, 2025 |
This will now ease the stress for many of us Abroad in Togo. Thank you CBN After God. Its Tinubu |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by workchopNG: 10:50am On May 14, 2025 |
So many bot accounts o that first page. |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by eneyoduke(m): 10:51am On May 14, 2025 |
Does it mean I can now make payment with any of my 🏧 ATM card during a travel trip 🤔 |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by jocelynor: 10:58am On May 14, 2025 |
All this na only rich people upward e affect, too much frame work grammar |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by kode12: 11:06am On May 14, 2025 |
Although this is a good development, it is quite late now, as there are now a lot of Fintechs working in this space. Have apps like Lemonade/Lemfi that allows you to maintain a Naira balance and I'm sure others at there, who needs to have a traditional naira account if they're not in Nigeria? |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Immatex(m): 11:16am On May 14, 2025 |
Can’t make me save money in Naira - a proven unstable currency. Many apps exist that has helped render all my Nigeria bank accounts useless and dormant. This initiative won’t make me reactivate my dormant accounts! |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by flexyrule(m): 11:27am On May 14, 2025 |
Last time I checked Access Bank and GTB have been doing diaspora banking for almost a decade now. |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by flexyrule(m): 11:28am On May 14, 2025 |
workchopNG:Honestly.. None of them has an International Passport. There's nothing new in all those things they mentioned. Access/GTB and other banks have been doing all these for years. |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Image123(m): 11:33am On May 14, 2025 |
ogbonti:Raise the wailing to uncontrollable. |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Gboss247(m): 11:34am On May 14, 2025 |
aspabay:The unnecessary banks charges that generates your minimum wage |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Holluwhakemmy(f): 12:27pm On May 14, 2025 |
ogugwa1992:and you don't need to stress yourself before sending money to us 😂 |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by AuItsene: 12:48pm On May 14, 2025 |
God bless Tinubu and his team. In addition government should allow people to bring into the country personal property, duty free. Emphasis on personal property. No more than 2 vehicles for personal use, not commercial. That will help a lot. |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by geezville86: 1:02pm On May 14, 2025 |
My honest opinion about this? Too much talk, very little substance. There are too many fintech apps that already provide money transfer services with zero transfer fees. Banks already offer diaspora banking services for like ages now. Nothing new here, more of a smoke screen to create the impression of a novel achievement. |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by gulfer: 1:48pm On May 14, 2025 |
All I see is a trap for diaspora funds Better to continue using the likes of Lemfi, Simless other fintechs etc to get funds to the needy back home because this CBN is just as reliable as PHCN ![]() |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by QuinQ: 1:53pm On May 14, 2025 |
geezville86:Exactly. What they should be working on is how to link international credit scores to Nigeria so that Nigerian banks can base on that to give loans, credit, and credit cards. They'd be reporting to credit bureaus so that if you default or pay late it'll be reported to credit bureaus and it will affect your credit. That's where the real money is |
| Re: The CBN Just Removed These 7 Banking Barriers For Nigerians Abroad by Taich(m): 1:56pm On May 14, 2025 |
geezville86:. I surprised to see people hailing this move as innovative. People are transacting with banks from all over the world. This government and their gimmicks. |
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